Major Assignment 3 Excel Grading Sheet

Rubric
Category
(% weighting Requirements for full credit
for
assignment)
You have entered your full name in the field provided. (Note that entering your name
on this sheet is required in order to complete the assignment.)
You have listed at least 8 budget items total with at least 1 item in each category.
You have entered the number of times purchased and purchase amount for each item,
and at least 3 items are purchased more than once.
Project Budget
(15%) Your Total Cost for each item is a formula multiplying the number of times purchased
by the purchase amount, using appropriate cell references.
Your Subtotal formulas are correct for each of your 4 sections.

You have explicitly formatted your Cost Per Purchase, Total Cost, and Subtotal cells to
display as Currency with the $ sign and 2 decimal places of precision. (1/2 point each)

You have transferred your Subtotals from the Budget to the Summary and Analysis
section, using formulas with cell references.

Budget Your Budget Total is correctly calculated from your Subtotals as a formula using cell
Summary and references.
Analysis Your Percentages are formulas that correctly calculate your Budget Total from your
(11%) Subtotals, using cell references.
All cells are formatted as Currency showing the $ symbol and with 2 decimal places of
precision.

Your month and year entries are correct following the first (generated) values.

Your CPI values are correct for the months and years given.
Your slope and y-intercept formulas are correct and use the appropriate Excel
functions.
CPI Values,
Slope, Y- The year number to use for your CPI projection is correct, and you have brought your 5-
Intercept, and year budget forward using an Excel formula with appropriate cell reference.
Cost Projection
(16%) Your formulas to calculate the projected CPI value, 5-year inflation rate, and 5-year
budget projection are correct.

Your formatting is correct for all cells: your CPI values are formatted as number with 3
decimals of precision; your 5-year inflation rate is formatted as a percentage with 2
decimal places; and your 5-year budget and budget projection are formatted as
currency with the $ symbol and 2 decimal places.

Your interest rates correctly match the corresonding entries from the table for the
years and months given.

Funding - Inputs
(5%)
 Your 5-year projected budget total is brought forward from the Project Budget and
Funding - Inputs Projection sheet, using an Excel formula.
(5%)
Your interest rates are formatted as percentages with 2 decimals and your budget total
is formatted as currency using the $ symbol and 2 decimal places.

For your Sponsorship calculation, your number of compoundings and time inputs are
correct, and your principal amount and 5-year sponsorship amount are correct Excel
formulas using appropriate cell references.

Sponsorship, For your Fundraising calculation, your number of compoundings and time inputs are
Fundraising, and correct, and your 5-year fundraising total calculation is a correct Excel formula using
Loan Payment appropriate cell references.
Calculations
(12%) For your Loan calculation, your number of payments and time inputs are correct, and
your additional amount and monthly payment calculations are correct Excel formulas
using appropriate cell references.
All cells with dollar amounts are explicitly formatted as Currency using the $ symbol
and with 2 decimal places.
el Grading Sheet
(optional for
student use) Did Possible % Score for Rubric
you meet the Points Your Points Category
requirements?

Subtotals 40 0 0.00%
8

Subtotals 27 0 0.00%
8

12

Subtotals 39 0 0.00%
6
 2

Subtotals 12 0 0.00%

11

Subtotals 30 0 0.00%
1 Enter your full name here. If your full name is less than Nirvan Rad
10 letters long, add additional letters 'X' at the end until
you reach length 10

2a Below, you will develop a budget for your project, including entries for personnel costs
(for yourself, other paid individuals, legal or consulting services, etc.); administrative costs
(rents, fees, utilities, insurance, IT costs, office supplies, travel, etc.); outreach costs
(advertising, recruitment, fundraising, etc.); and program costs (supplies for use in
assistance, cash distributions, payments for direct services to recipients, etc.). You must
enter at least 8 budget items in all. Each category must have at least one budget item. For
at least 3 budget items, your expense quantity must be greater than one. Format all costs as
Currency with 2 decimal places. To start, modify the cost of your time as appropriate.

Project Budget
Personnel Costs
Budget Item Quantity needed Cost Per Item Total Cost

Costs of your time (per week) 1 $1,000.00 $1,000.00

Other Paid Individuals 10 $75.00 $750.00
Gasoline 10 $100.00 $1,000.00

Subtotal: $2,750.00
Administrative Costs
Budget Item Quantity needed Cost Per Item Total Cost
Fees 5 $150.00 $750.00
Misc Supplies 4 $750.00 $3,000.00

Subtotal: $3,750.00
Outreach Costs
Budget Item Quantity needed Cost Per Item Total Cost
Advertising 1 $2,000.00 $2,000.00
Fundraising 10 $300.00 $3,000.00

Subtotal: $5,000.00
Program Costs
Budget Item Quantity needed Cost Per Item Total Cost
Supplies 1 $6,000.00 $6,000.00
Subtotal: $6,000.00
 Assignment Advisory: You must use the latest desktop version of Excel for Microsoft 365 for this assigment.
(This is provided free by GCU; contact the Help Desk for more information and help installing the software.) Using an
earlier version of Excel or a different spreadsheet program may result in missing or corrupted template elements.
Copying cells from or into this template may likewise result in corrupted data.

2b Here, use Excel formulas to transfer the subtotals and total from your budget into
this table, and then calculate the percentage of the budget total represented by each
category. Format the costs as Currency with two decimal places and the percentages
as Percentage with one decimal place.

Budget Summary and Analysis

Budget Category Subtotal Percentage of Total
Personnel Costs $2,750.00 16%
Administrative Costs $3,750.00 21%
Outreach Costs $5,000.00 29%
Program Costs $6,000.00 34%
Budget Total $17,500.00

Budget Cost Projection

3a Below, you will generate a 5-year projected cost for your budget, starting with your budget total. You will base your pro
that you look up. Use this procedure to look up the CPI value:
1. Go to Bureau of Labor Statistics page link https://data.bls.gov/cgi-bin/surveymost?cu
2. Check the box to the left of text "U.S. city average, All items - CUUR0000SA0"
3. Press the "Retrieve Data" button at the bottom of the list. This should take you to a CPI table for about the last 10 yea

First, fill in the CPI value for the given month and year. Then, fill in the CPI values for the next 6 years, advancing exactly one
For example, if you start in February 2011, your next CPI value will come from February 2012. Format your CPI values as Num
decimals of precision.

Year Number CPI Value Month

1 234.781 11
2 236.119 3
3 239.261 4
4 244.733 5
5 251.989 6
6 256.571 7

3b Now, from the year number and CPI values, find the slope and y-intercept of the best-fit line for your CPI.
values.
Slope (m) 4.63
Y-Intercept (0, b) 227.71

3c Finally, project the CPI forward an additional 5 years using your slope and intercept; calculate the 5-year inflation rate fro
6 CPI value and the calculated value; and apply the inflation rate to your budget total to find a 5-year budget projection.
3c Finally, project the CPI forward an additional 5 years using your slope and intercept; calculate the 5-year inflation rate fro
6 CPI value and the calculated value; and apply the inflation rate to your budget total to find a 5-year budget projection.

The Year Number to use for your further 5-year projection

(If you project forward another 5 years from year 6 in the 2025
chart above,
The whatCPI
projected yearvalue
will you be atyear
for that then?) $ 9,602.41
The 5-year inflation rate based on the last CPI value in the
table and the projected CPI value 3643%
Your Budget Total (brought forward from above) $17,500.00
Your 5-year Budget Total Projection $ 654,954.19
 for Microsoft 365 for this assigment.
d help installing the software.) Using an
sing or corrupted template elements.
t in corrupted data.

Legend
If a cell is shaded You should
Blue Enter a text response
Green Enter a number
Gold Enter an Excel formula
Any other color Make no changes

with your budget total. You will base your projection on CPI values

urveymost?cu
0SA0" (CPI Values)
ake you to a CPI table for about the last 10 years.

es for the next 6 years, advancing exactly one year for each value.
February 2012. Format your CPI values as Numbers with 3

Year
2011
2015
2016
2017
2018
2019

of the best-fit line for your CPI.

intercept; calculate the 5-year inflation rate from your year

t total to find a 5-year budget projection.
intercept; calculate the 5-year inflation rate from your year
t total to find a 5-year budget projection.
Your name (brought forward from the Nirvan Rad
Monthly Budget sheet):

4 On this sheet, you will consider how to cover the projected cost of your Project Budget. In particular, you will calculate the
invested at a given interest rate with annual compounding; the 5-year balance for a given monthly donation amount invested
loan to cover the remainder of your 5-year projected cost, using a third interest rate.

Start by looking up rates to use as APRs in the following historical table of 30-year fixed mortgage rates:

http://www.freddiemac.com/pmms/pmms30.htm

(Mortgage Rates)

Enter these items as percentages or decimals; for example, a value of 4.03 in the table would be entered here as 4.03% or 0.

APR Year 1974 1977

APR Month 3 5

Interest Rate 3.90% 6%

5 Now, perform each of the calculations indicated. Recall that the loan payment formula for the amount PMT that must be p
principal amount P, assuming interest accrual at a rate of r, is given by

PMT = P*(r/n)/(1 - (1 + r/n)^(-n*t))

Format all amounts as Currency with the $ symbol and 2 decimal places.

Bring your 5-year projected budget total

forward from the Project Budget and $ 4,369,480.10
Projection sheet

6 Sponsorship (invest a fixed amount for 5 years with

annual compounding)

Percentage of your Budget Total to invest 26.1%

Principal amount to invest (P), based on

your budget total and the percentage in $ 4,369,480.10
B29
Your APR (r) 3.9%
Number of compoundings per year (n) 12
 Number of years (t) 5
Your 5-year sponsorship total $ 80,273.59

7 Fundraising (invest monthly donations for 5 years with

monthly compounding)

$29,129.87
Monthly contribution amount (PMT)

7.2%
Your APR (r)
12
Number of compoundings per year (n)
Number of years (t) 5

Your 5-year fundraising total

(Hint: use the "future value of periodic $ 2,098,498.07
payments" formula in the assignments
instructions)
In particular, you will calculate the 5-year balance for a percentage of your projected cost assumed to be
onthly donation amount invested at a second interest rate; and a monthly loan payment required for a 5-year

tgage rates:

ddiemac.com/pmms/pmms30.html

(Mortgage Rates)

ld be entered here as 4.03% or 0.0403. Also format each rate as a Percentage with 2 decimal places.

1974

14.90%

or the amount PMT that must be paid n times per year for t years to pay off an initial

1 - (1 + r/n)^(-n*t))

8 Loan payment (determine the monthly payment required for

a 5-year loan to cover the remainder of the budget costs)
The additional amount you need to cover
$ 116,750.00
your 5-year budget costs (P)

Your APR (r) 14.9%

Number of payments per year (n) 12

Number of years (t) 5
The monthly loan payment (PMT) $ 2,771.35

Legend

If a cell is shaded You should

Blue Enter a text response

Green Enter a number

Gold Enter an Excel formula

Any other color Make no changes